Use the following information for questions 20 and 21. Jansen Company's...
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Accounting
Use the following information for questions 20 and 21. Jansen Company's general ledger showed a checking account balance of $25,420 at the end of May 2018. The May 31 cash receipts of $2,500, included in the general ledger balance, were placed in the night depository at the bank on May 31 and were processed by the bank on June 1. The bank statement dated May 31, 2018, showed bank service charges of $54. All checks written by the company had been processed by the bank by May 31 and were listed on the bank statement except for checks totaling $2,050. Question 20 4 pts What is Jansen's adjusted (true) cash balance as of May 31, 2018? $24.466 $24.910 $25 312 525.366 $25.420 525474 525.016
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